Tag Archives: equity

How to Drive Equity Residential (EQR) and Royal Caribbean Cruises Limited (RCL) in Current Scenario?


Fain Richard D, Chairman & CEO, sold 20,000 shares of the Royal Caribbean Cruises Ltd. (NYSE:RCL) in an exchange that happened on June 13th, 2018. The stock was sold at an average price of $108.22 per share, amounting to a transaction worth $2,164,489. The sale was made public in a document filed with the SEC. Additionally, Chairman & CEO Fain Richard D sold 20,000 shares of this stock in a transaction that took place on May 14th, 2018. The stock was sold at an average price of $106.61 per share, for a total exchange amounting to $2,132,121. After the transaction, the Chairman & CEO Fain Richard D currently holds 862,537 shares of the company’s stock, which is worth approximately $93041866.

With this stock price’s latest movement, it is now -20.48% away from its 1-year high…

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Promoting food security: African Development Bank approves US$ 15m equity investment in Africa Food Security Fund t…


In an effort to boost agri-business and enhance food security in Africa, the African Development Bank Board has approved a US$15 million equity investment in Africa Food Security Fund (AFSF), to support enterprises in agri-business SMEs and enhance food security in Africa

AFSF is a second-generation fund targeting a total capitalization of US$ 100 million. The Fund will invest in potential high-growth Small and Medium Enterprises operating in the food and agriculture value chains across sub-Saharan Africa. It aims to  address the needs of  least served operators in agricultural SMEs segment that are not targets of the larger private equity funds and commercial banks.

The Fund Manager – Zebu Investment Partners is experienced in food production and processing at the SME level. Considering…

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Equity CEO Mwangi voted best African banker


News

Equity bank CEO James Mwangi voted best African banker. FILE PHOTO | NMG 

Equity Bank #ticker:EQTY CEO James Mwangi has been voted the best African banker after the lender shrugged off effects of the legal cap on lending rates to beat rivals in the profit growth race.

A finance publication, African Banker, also declared Equity Bank the best lender in the continent with Tanzania’s Dr Benno Ndulu voted the best central banker.

Ecobank was voted the best retail lender in Africa while South Africa’s Standard Bank was ranked the top investment banker.

“His bank has seen impressive growth through a series of innovations and diversified investment channels away from consumer loans,” said the African Banker in reference to Mr…

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Equity Group, Dr James Mwangi win big at the African Banker Awards


Mwangi was feted as a result of his leadership and vision in driving the growth of Equity Bank and providing leadership in the banking industry in Africa/FILE

, NAIROBI, Kenya, May 27 – Equity Group CEO Dr. James Mwangi has been voted banker of the year during the 12th edition of the African Banker Awards held in Busan, South Korea.

Mwangi was feted as a result of his leadership and vision in driving the growth of Equity Bank and providing leadership in the banking industry in Africa.

The bank also beat other banks to win the ‘African Bank of the Year’ Award, owing to its drive towards financial inclusion, new services and new technologies.

Tanzania’s former central bank governor Dr Benno Ndulu, who finished his second term last year won Central Bank Governor of…

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Driving gender equity in African business


Having women on boards and in senior management positions of companies is globally good for business and society. A McKinsey Global Institute report finds that by advancing gender equality, $12tn could be added to global GDP by 2025.

Despite this, firms around the world are falling short. According to a Deloitte analysis of boardrooms in 49 countries, only 12 per cent of board seats are held by women. But, emerging markets are quietly making rapid progress. For example, Credit Suisse found that women made up 11.2 per cent of board members in India in 2015, up from 5.5 per cent in 2010.

Given the positive financial and social benefits yielded by having women in corporate leadership positions,…

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Equity justice for disabled persons of color is long overdue






Can a person of color with a disability (or disabilities) also be a person of privilege?

Not!

Privilege is defined as a special right, advantage or immunity granted or available only to a particular person or a group of people. Disabled people of color need not apply.

I have not always been a person with a disability. I have been called, referred to, classified as, and relegated to non-personhood as crippled, physically challenged, handicapped and disabled.

The above adjectives have one specific thing in common: THEY ARE ALL CONDITIONS. Anything or anyone considered to be a condition gives those who enjoy real personhood the option and authority to do with it or them whatever they darn well please.

I say this not to be glib or reckless. This is my…

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*** This news item is 3rd party content and is included strictly for non-commercial informational purposes.